US seafood sales improve in October on the back of slight price inflation

U.S. retail sales of seafood saw a growth in October, with a 1.7% increase in value and a 4.7% rise in volume for shelf-stable seafood, primarily driven by tuna and canned sardines. Fresh seafood sales also saw a 1.4% increase in value, although the volume remained almost unchanged. Notable growth was seen in shrimp, salmon, cod, and trout, while sales of fresh seafood in the nation's aisles experienced varied performance, with some categories underperforming.

Seafood sales rose at U.S. retail stores in October, thanks in part to a slight uptick in price inflation.Shelf-stable seafood sales have performed consistently well in 2024 and did the same in October, realizing a sales spike by value of 1.7 percent year over year to USD 244 million (EUR 230 million). Sales by volume in the category rose 4.7 percent during the month, according to data from research firm Circana that was analyzed by 210 Analytics.“Tuna was, by far, the largest seller and responsible for the category’s growth,” 210 Analytics Principal Anne-Marie Roerink said, though she added that canned sardines have also seen big sales spikes – mainly due to the strength of frozen pizza sales, as well as make-your-own pizza ingredient sales, over the past year.Fresh seafood sales by value climbed 1.4 percent in October to USD 738 million (EUR 696 million), while sales by volume stayed nearly stagnant, falling just 0.1 percent.By species, fresh shrimp sales by value grew 0.3 ...